Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 1,700.0% in March

Forafric Global PLC (NASDAQ:AFRIW) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the February 28th total of 100 shares. Based on an average daily volume of 27,000 shares, the days-to-cover ratio is presently 0.1 days.

Forafric Global Stock Up 14.2 %

NASDAQ AFRIW opened at $0.74 on Thursday. Forafric Global has a 1-year low of $0.50 and a 1-year high of $1.60. The company has a 50 day moving average of $0.84 and a 200-day moving average of $1.06.

About Forafric Global

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.